- HSC Level 2/3 Unit 012 Assignment: Care Worker Responsibilities and Ways of Working
- CIPD Level 5HR03 Assignment: Understanding Reward Approaches and Their Impact on Performance and Contribution
- CIPD level 5HR02 Assignment: Talent Management and Workforce Planning Unit Guide
- Level 3 D/615/3823 Assignment: Regulation, Protection, and Collaborative Practice in Health and Social Care
- PGM216D Assignment: Bicycle Store Sales Management Application
- MATH6033 Assignment: Epidemiological Investigation of Cardiovascular Health and Tea Consumption Risks
- EH6147 Assingment: Stakeholder Analysis for Quality Improvement in Hand Hygiene Compliance
- Assignment: Investigation of Solution Concentration Through Standard Preparation, Titration, and Colorimetry Techniques
- MATH6033 Assignment: Cardiovascular Risk and Tea Drinking: Epidemiological Analyses
- CIPD level 3 3CO03 Assignment: Core behaviours for people professionals
- DAC4B1: Personal development in adult care settings
- Unit 19 Research Project Assignment 1: Impact of Corporate Social Responsibility on Business Success & Community Wellness
- EG5022 Assignment: Georeferencing and Accuracy Assessment of a Quarry 3D Model Using Photogrammetric GCPs
- Assignment: Financial Performance and Strategic Analysis of a UK Listed Company: A CORE Evaluation and Reflective Review
- 5CNMN002W Assignment: Advanced measurement- Major measurement taking off
- K/650/2298 Level 3 Understanding Roles, Responsibilities, and Effective Partnerships in Health and Social Care
- Understanding Information and Knowledge Management in the Workplace: A Briefing for HR Professionals
- HRM7010D Strategic Use of People Analytics in Enhancing Organisational Value and Agility
- TOWN1060 Urban Planning in the UK History Sustainable Design and Future City Development
- OTHM Level 5: J/650/1143 Research Methods in Health and Social Care
Explain Management Accounting And Give The Essential Requirements Of Different Types Of Management Accounting Systems: Management Accounting Assignment, UOL, UK
| University | University of London (UOL) |
| Subject | Management Accounting |
Task 1:
This assignment is in the form of a business report:
A. Explain management accounting and give the essential requirements of different types of management accounting systems.
B. Explain different methods used for management accounting reporting.
C. Evaluate the benefits of management accounting systems and their application within an organizational context.
D. Critically evaluate how management accounting systems and management accounting reporting is integrated within organizational processes.
E. Analyse two planning tools in detail (ABC, Target costing, Standard costing, Full absorption costing, Breakeven analysis, Environmental management accounting) used in management accounting, indicating how effective you judge each to be and why. Your judgments should be supported by evidence.
Task 2:
Part A
Deniz Ltd makes a single product and produces management accounts, including a costing statement of profit or loss each month. In both May and June, 320,000 units of the product were produced. The production costs in both May and June were:
Do You Need Assignment of This Question
There were no opening inventories at the start of May and all of the production for May was sold. However, in June, only 305,000 units of production were sold, leaving 15,000 units in inventory. Each unit is sold for £14.75. Complete a simple statement of profit or loss, under absorption and marginal costing principles for the months of May and June.
| Type of Costs | Amount |
| Direct materials: | £992,000 |
| Direct labour: | £1,376,000 |
| Fixed overheads: | £650,000 |
| Total production costs: | £3,018,000 |
Buy Answer of This Assessment & Raise Your Grades
Part B
| Balance Sheet ($ millions) | |||
| ASSETS | 31-Dec-18 | 31-Dec-19 | 31-Dec-20 |
| Current assets | |||
| Cash and marketable securities | 5.3 | 6.1 | 7.9 |
| Accounts receivable | 14.3 | 17.3 | 22.9 |
| Inventory | 22.4 | 24.6 | 31.0 |
| Total current assets | 42.0 | 48.0 | 61.8 |
| Non Current Assets | |||
| Net PPE | 214.6 | 263.9 | 331.1 |
| Total assets | 256.6 | 311.9 | 392.8 |
| LIABILITIES AND EQUITY | |||
| Current liabilities | |||
| Accounts payable | 48.5 | 56.2 | 63.3 |
| Short-term debt | 28.8 | 40.4 | 53.3 |
| Total current liabilities | 77.3 | 96.6 | 116.5 |
| Long-term debt | 27.4 | 40.6 | 58.8 |
| Total liabilities | 104.7 | 137.3 | 175.3 |
| Shareholders’ equity | |||
| Common Stock | 87.1 | 107.2 | 147.4 |
| Retained earnings | 64.8 | 67.4 | 70.2 |
| Total shareholders’ equity | 151.9 | 174.6 | 217.6 |
| Total liabilities and shareholders’ equity | 256.6 | 311.9 | 392.8 |
You have been hired as an external financial consultant by the selected online retailer. They have asked you to analyze their financial performance independently. Perform a thorough financial analysis based on the organization’s latest financial statements. Write a business memo to the management of the organization to communicate the results of your financial analysis and recommendations.
Are You Looking for Answer of This Assignment or Essay
Searching for Management Accounting Assignment in the UK? Do you want Someone to Do My Assignment Online? Don’t worry we will help you out we will provide you with, UK No.1 Assignment Help Services at very pocket-friendly. We have experienced assignment writers for argumentative, narrative, descriptive, and all such types of assignment. Why wait now? Order assignment writing help right now.
Answer
